Tuesday, September 16, 2014

Michael Spence

Michael Spence, a Nobel laureate in economics, is Professor of Economics at NYU’s Stern School of Business, Distinguished Visiting Fellow at the Council on Foreign Relations, Senior Fellow at the Hoover Institution at Stanford University, and Academic Board Chairman of the Fung Global Institute in Hong Kong. He was the chairman of the independent Commission on Growth and Development, an international body that from 2006-2010 analyzed opportunities for global economic growth, and is the author of The Next Convergence – The Future of Economic Growth in a Multispeed World.

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Poverty Bangkok
Business & Finance 10

Good and Bad Inequality

The “old” theory about inequality was that redistribution via the tax system weakened incentives and undermined economic growth. But the relationship between inequality and growth is far more complex … read more

Airport Security
World Affairs 12

The Global Security Deficit

Summer is normally a time to take a break from the risks and worries of everyday life, and perhaps to take stock of where we are and where we are heading. But this is increasingly difficult, because… read more

Michael Spence Rebooting China  consumption and economic growth
Economics 2

Rebooting China

Though China's government has expressed a willingness to accept slower growth for the sake of a more stable, sustainable economy, whether the decline will be temporary is not yet apparent. Ensuring… read more

Newsart for The Gain in Spain
Business & Finance 2

The Gain in Spain

The Spanish economy is beginning to attract investors’ attention – and not only because asset prices are depressed in the current climate. While there are huge problems that must still be overcome,… read more

Newsart for Politics-Proof Economies?
Economics 8

Politics-Proof Economies?

Governments’ inability to act decisively on their economies’ growth, employment, and distributional challenges has emerged as a major source of concern worldwide. But, as a recent study has shown,… read more

Newsart for The Distributional Challenge
Economics 5

The Distributional Challenge

Many advanced and developing countries’ growth patterns – both before and since the 2008 crisis – have underpinned a dramatic shift in income and wealth toward the upper quartile of the distribution. … read more

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